Net Billing definition

Net Billing means the difference, over the Billing Period, between the Energy Payment and the Retail Billing Amount.

Net Billing means a billing method for an eligible distributed generation facility whereby the net metering interval is equal to a monthly billing period, and a distributed generation customer makes payment and is credited as provided in subsection 3, paragraph “a”.

Net Billing is as outlined in the Electricity Sector Guidelines.

Examples of Net Billing in a sentence

• The billing services provided by the Billing Company to the Earning Company with respect to Alternately Billed Calls shall be subject to the applicable charges set forth in Attachment A, which charges will be reflected in the Inter-Company Net Billing Statement.

• The Billing Company shall also submit copies of these Message Records to BA-__, at least once a month, in order to determine monthly settlement amounts for both the Billing Company and the Earning Company which will be reflected in the Inter-Company Net Billing Statement.

• Upon receipt of the Inter-Company Net Billing Statement from BA-__, Carrier shall, within thirty (30) days of invoice, remit to BA-__ full payment of amounts owed under the Inter-Company Net Billing Statement.

• In addition, as applicable, the Inter-Company Net Billing Statement will reflect any amounts owed by Carrier to BA-__ for administering and processing ITORP.

• BA-__ shall have no obligation or liability with respect to any billing, settlement or calculation-of-compensation errors or omissions, including without limitation the duty to re-calculate any compensation amounts reflected in the Inter-Company Net Billing Statement, if such error or omission occurred more than two (2) years prior to the time in which it is brought to BA-PA’s attention in writing.

More Definitions of Net Billing

Net Billing means a system of billing a customer who installs an Eligible Renewable Energy Resource generator on the customer’s premises for retail electricity purchased at retail rates while crediting the customer’s bill for any customer-gen- erated electricity sold to the Affected Utility at avoided cost.

Net Billing means an arrangement under which energy generated by the Renewable Energy Generating system is purchased by the Distribution Licensee and the Distribution Licensee raises the bills on the consumer for his consumption at the approved retail supply tariff, after giving credit for total generated electricity at the applicable Tariff;

Net Billing means an arrangement as defined under Regulation 17 of these Regulations;

Net Billing means a distributed generation regime that allows a person to sell all the electricity produced by him or her at a regulated rate and to purchase the electricity that such person consumes at another regulated rate and as prescribed;

Net Billing means a single bi-directional energy meter used for net billing or net feed-in at the point of supply where in the energy imported from the grid and energy exported from the grid interactive solar photovoltaic system of a prosumer are valued at two different tariff.

Net Billing means an arrangement that permits BL&P (using two meters or one meter that separately measures inflows and outflows of electricity) to sell power delivered to the Customer-Generator at the prevailing tariff, and buy power from the Customer-Generator’s RGS at a different rate to offset the Customer- Generator’s electricity bill.

Net Billing means the gross billing less: (1) single commission (if any) paid by an advertiser to a bona fide advertising agency retained by the advertiser; and (2) any labor and material charges made by the Contractor under the declared schedule of rates and charges. The deduction from gross billings permitted for agency commission rates shall not exceed 15 percent. If the advertiser did not retain an ad agency, no commission may be deducted in calculating the net billing. No deduction shall be permitted for “rep commissions’ or “finder fees.” The Contractor may not charge a commission to an advertiser. In no case shall the Contractor pay a commission to or retain a person or a firm in which the Contractor is in any way financially interested. All net billing shall be considered “received by the Contractor’ at the time of billing and no deduction shall be made due to any other debt.